EUR/USD INTRADAY: KEY Level AT 1.3555

on Thursday, November 17, 2011

EUR/USD intraday: key ST resistance at 1.3555

Pivot: 1.3555.

Most Likely Scenario: SHORT positions below 1.3555 with 1.3425 & 1.338 in sight.

Alternative scenario: The upside penetration of 1.3555 will call for 1.36 & 1.364.

Comment: The pair is posting a rebound but stands below its resistance.

Trend: ST Consolidation; MT Bearish